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Wall Street Breakfast

Trump unveils vision to make U.S. ‘crypto capital’, ‘bitcoin superpower’

Wall Street Breakfast

Seeking Alpha

Business News, News, Business, Investing

4.11K Ratings

🗓️ 29 July 2024

⏱️ 5 minutes

🧾️ Download transcript

Summary

Trump lays out plan to turn U.S. into a 'crypto capital' and 'bitcoin superpower'. (00:25) Apple Intelligence won't debut with initial iOS 18 launch - report. (01:13) Mitsubishi Motors is said to join Honda-Nissan alliance. (02:21)

Episode transcripts seekingalpha.com/wsb.

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Transcript

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0:00.0

Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning.

0:08.0

Good morning. Today is Monday, July 29th. I'm Julie Morgan.

0:13.0

Former President Trump lays out his plans for crypto.

0:16.6

Apple reportedly has some concerns with a rollout of AI,

0:20.8

and Mitsubishi is joining Nissan and Honda.

0:25.0

Former President Donald Trump over the weekend laid out a plan to turn the country into the

0:30.0

crypto capital of the planet and the Bitcoin superpower of the world.

0:35.1

He and his running mate JD Vance have been courting votes and donations with the promise

0:40.0

of lighter crypto regulation as opposed to the current Biden administration's crackdown.

0:45.7

The former president is already the first ever major U.S. party nominee to accept donations

0:51.4

in Bitcoin and other crypto assets.

0:54.0

He also said that the US Securities and Exchange Commission had been very tough on the

0:59.3

crypto sector and if re-elected on day one he would fire Gary Gensler and appoint a new SEC chairman.

1:06.8

The politician also said he would hold Bitcoin in a strategic national stockpile if re-elected.

1:13.0

Apple's new artificial intelligence system will be rolled out to customers by October,

1:19.0

a few weeks after the release of the new iPhone and iPad software in September.

1:24.7

People with knowledge of the matter told Bloomberg that Apple split the Apple Intelligence

1:29.6

rollout from the initial launch of iOS 18, partly due to concerns over the stability of the new AI features.

1:37.0

But Apple plans to give software developers access to Apple Intelligence for early testing as soon as this week through the iOS 18.1

1:46.0

beta to fix bugs and ensure a smooth launch. This would be an unusual move as the

1:51.8

company does not typically allow previews of follow-up

1:55.1

updates this early before the public launch of the software's initial version.

...

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